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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

Seven ways companies, consumers, and the government are responding. When a supply chain crisis hits–particularly one that affects young lives–everyone takes action, including parents, the government, and corporations. – Lindsey Groff, Executive Director, Human Milk Bank Association of North America.

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NAFTA Countries Remain Bullish on Trade

Material Handling & Logistics

Despite uncertainty around protectionist trade policies, business leaders in the United States, Canada and Mexico maintain a positive outlook for the North American Free Trade Agreement (NAFTA) and its impact on their firms, according to a newly released report from HSBC ‘Navigator: Now, next and how for business’.

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Ford Motor Moves Deeper Into Supply Network Vertical Integration

Supply Chain Matters

An agreement with Chile based SQM for lithium carbonite and lithium hydroxide will reportedly aide the auto maker to help Ford EV vehicles qualify for consumer tax credits under provisions of the U.S. the globe’s third largest lithium producer, and the government of Quebec. These agreements include U.S.

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Can the US Produce Lithium-Ion Batteries Domestically? Li-Bridge Outlines a Plan

Resilinc

Recent government initiatives have strongly endorsed and promoted electric vehicles (EV) over the next few decades. The main mission of this task force is to accelerate the development of a sustainable domestic lithium battery supply chain in North America.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

It’s also important to know that for a clean vehicle to be eligible for the tax credit, final assembly must take place in North America and it may not exceed a Manufacturers Suggested Retail Price (MSRP) of $55,000 unless it’s a sport utility vehicle, van or pickup truck. The maximum MSRP for those products is $80,000. That’s right.